Retail Business For Sale in Nova Scotia, NS (Listing ID: 2457)
Tagged Keywords
Thriving Furniture And Appliance Retailer With Real Estate
The "I love local" movement is strong and healthy with this community business.
Financial Information
Fiscal year end is September 30th
2020 Revenues: $773k and SDE of $156k
Working Capital of $128k. (Inventory: $100k, A/R: $112k, Current Liabilities: $84k)
2021 Revenues: expected to hit or exceed $1,000,000 and generate SDE of $230k (YTD is up over 35%).
SDE - Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.
Minimum Equity Required
$275,000
Real Estate
Real estate included in sale price:
- approximately .6 acres of highway frontage
- approximately 3800 sft of building, showroom and warehousing
- drilled well and septic
Buildings are in good condition and align with the overall fit and feel of the business. No frills, just quality product and service at a great price. That being said, it should be expected there are 2 buildings that will require new roofs within the next 5 or so years.
Price
$679,000 (Share Sale)
Nova Scotia, NS Retail Business For Sale Details
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